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$ 104,900
Est. payment /mo
Price Dropped by $20K
8747 S Escanaba AVE Chicago, IL 60617
8 Beds
4 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12606317
Bedrooms 8
Year Built 1892
Annual Tax Amount $1,269
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 3475
Property Sub-Type Two to Four Units
Property Description
This is an amazing opportunity to build equity or creating a great investment with passive cash flow and should not be overlooked! Located on the hotter than hot south shore, this is a jumbo 4 unit building which offers two bedrooms, one bath per unit with a full basement! The home has had renovations started but still needs to be finished. The first-floor units offer newer flooring, newer drywall and updated bathrooms, while the second-floor units are framed out and not finished but this is where the value-add upside lies! The building features a full unfinished basement, which can be duplexed down from the first-floor units or keep as storage space! This building can generate amazing cash flow, and this is not a building you will want to overlook!
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding,Frame, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Ryan Smith of RE/MAX Premier